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11 September 2025 by Adrian Suljanovic

No bear market in sight for Aussie shares but banks face rotation risk

Australian equities are defying expectations, with resilient earnings, policy support and a shift away from bank dominance fuelling confidence that ...
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US funds drive steep outflows at GQG Partners

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Super funds’ hedge moves point to early upside risk for AUD

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Australia’s super giant goes big on impact: $2bn and counting

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Over half of Australian funds have closed in 15 years, A-REITs hit hardest

Over half of Australian investment funds available 15 years ago have either merged or closed, with Australian equity ...

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Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns ...

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Platinum secures $1.2 billion in inflows

  •  
By Christine St Anne
  •  
2 minute read

Platinum Asset Management has secured $1.2 billion in inflows.

Listed investment firm Platinum Asset Management has reported $1.2 billion in institutional inflows for the 2010 financial year.

The bulk of the inflows were into the fund's flagship international equities fund.

In July, the fund secured a $450 million mandate from a United States pension fund.

While the bulk of the inflows were from Australian superannuation funds, the fund is also available on a number of retail platforms, including MLC's platform.

 
 

"The company has performed reasonably, given the prevailing investment market uncertainty and weakness of the global economy," Platinum Asset Management chair Michael Cole said.

The listed investment firm also reported a net profit after tax for 2009/10 of $136.9 million, an increase of 8.5 per cent on 2008/09.

The firm also reported a rise in funds under management of $4.4 billion to $18.4 billion. This was up 31.5 per cent on the previous financial year.

"The increase in funds under management compromises net inflows of $2.5 billion and investment performance of $1.9 billion," Coleman said.